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david [email protected] 2 - Metropolitan DC Chapter …2016-01-16)[email protected] 17 debt, deleveraging & AUSTERITY Asset Bubbles and Their Economic Consequences

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[email protected] 4

CERTAINTIES

OF THE "KNOWABLE FUTURE"

• DEMOGRAPHIC FORECASTS – The future size and

make-up of the U.S. adult population – including our labor pool

and our consumer markets – can be accurately forecast fifteen

years out.

• ECONOMETRIC FORECASTS – The future size and

make-up of the U.S. economy and workforce can be accurately

forecast ten years out.

• TECHNOLOGIC FORECASTS – Mass-market

applications of new technology can be accurately forecast seven

to eight years out.

[email protected] 7

(Fig. 1) AGE COMPOSITION OF THE U.S. ADULT

POPULATION 1955-2020

SOURCE: U.S. CENSUS BUREAU

[email protected] 17

debt, deleveraging & AUSTERITYAsset Bubbles and Their Economic Consequences

A 2010 McKinsey Global Institute analysis of 45 historic

episodes during which 10 developed nations and 4

developing nations significantly reduced their total debt-

to-GDP ratios since 1930, found:

• long periods of deleveraging nearly always follow major

financial crises;

• deleveraging lasts 6 or 7 years, on average, during which

• public & private sector debt are typically reduced by 1/3,

while employment contracts & stagnates.

http://www.mckinsey.com/mgi/publications/debt_and_deleveraging

[email protected] 26

To learn how “Big Data” and the “Internet of Things”

(IoT) will change how all decisions are made,

performance is assessed and organizations are

managed, read:

"BIG DATA: THE REAL INFORMATION REVOLUTION”

www.aaiforesight.com/blog/big-data-information-revolution

[email protected] 28

LABOR SUPPLY AND DEMAND – (2010 to 2020)

• Projected new job growth 20,468,900

• Projected replacement vacancies + 34,318,500

• Total job openings 54,787,400

• Projected labor force growth -10,372,000

• Job openings to be filled 44,415, 400

from existing labor pool

Source: U.S. Bureau of Labor Statistics (February, 2012)

[email protected] 39

David Pearce Snyder Consulting Futurist

www.the-futurist.com

“The future evolves in an orderly fashion out of the realities of the past, filtered and shaped by the decisions of the present.”

David Pearce Snyder, 1969

[email protected] After 45 years, it’s still true!